Common Bankruptcy Myths: Are You Being Fooled?

6-Dec-2018

Bankruptcy is a charged word. And like any charged word, it's packed with images and fears that may not be true—but they certainly feel true. "Filing for bankruptcy is difficult!" "I'll have to give up all my possessions." "I'll never own a home if I ...

Common Bankruptcy Myths: Are You Being Fooled?

6-Dec-2018

Bankruptcy is a charged word. And like any charged word, it's packed with images and fears that may not be true—but they certainly feel true. "Filing for bankruptcy is difficult!" "I'll have to give up all my possessions." "I'll never own a home if I ...

Defend Yourself Against Creditor Harassment: Know Your Rights

10-Oct-2018

If you find yourself if in debt, then you know how debt collectors use underhanded, aggressive tactics to get you to pay your debts. Collection agencies are relentless—and in some cases, unethical. Illegal debt collection practices, from calling at inconvenient hours to using profane and ...

Can Bankruptcy Save Your Home from Foreclosure?

3-Aug-2018

For year, we have associated bankruptcy with debt, moral failure, and other negatively-charged subjects. As economic experts prepare us for an international trade war, people every day are considering their options for debt relief. Thanks to a bad rap, most of them overlook bankruptcy altogether. If ...

Extreme Couponing: A Money Saving Strategy

18-Jun-2018

When we file for bankruptcy, we drastically cut back on our spending habits. With the help of the bankruptcy court, we create a strict budget and learn how to spend the bare minimum until your debts are satisfied. In a Chapter 7 bankruptcy, your debts will be met by liquidating your assets, or ...

Why Seniors Are Turning to Bankruptcy for Asset Protection

11-Apr-2018

These days, more seniors are working than ever before. By 2024, experts expect the number of 65- to 69-year-olds in the workplace to grow to 36 percent (up from 22 percent in 1994). The reasons for delayed retirement are numerous: some seniors want to stay active and alert, others love their jobs. ...

When Can I Refile for Bankruptcy?

14-Feb-2018

After a dismissed case, refiling for bankruptcy can be a challenging task; despite this, achieving a successful declaration of bankruptcy may be the only viable option you have left. However, before you refile for bankruptcy, you should check these details to see if you are eligible. Determining How ...

Creditors & the Automatic Stay

10-Jan-2017

Often, when people are having significant debt problems, they fall behind on their credit cards, auto loans, and sometimes their rent or mortgage. Debtors may also be late on their cellphone bill, their utility bills, and other debts, such as medical debts. As a general rule, when debtors fall ...

How Bankruptcy Affects Your Credit Score

20-Dec-2016

Most people who consider filing Chapter 7 or Chapter 13 bankruptcy ask, "How will filing bankruptcy affect my credit score?" Although a bankruptcy is a negative mark on your credit report, the amount of damage that it will do on your FICO score depends on one key factor: what your credit ...

Holiday Debt and Bankruptcy

6-Dec-2016

During the holidays, bankruptcy attorneys are less busy than usual. Debtors don't want to deal with the stress of filing bankruptcy during what's supposed to be a cheerful holiday season, unless they have to file for bankruptcy right away out of necessity. Come January 1st, the phones at ...

Means Test for Chapter 7 Bankruptcy

15-Nov-2016

Debt can affect people emotionally and even physically. If you can't pay your car payment or your mortgage, you may start wondering, "Will the lender repossess my car?" Or you may stay up all night in bed thinking, "Will the bank foreclose on my house?" Being in debt is not ...

Can My Social Security Benefits be Garnished?

1-Nov-2016

If you're on Social Security Disability, or if you're receiving your Social Security retirement benefits and you're having financial trouble, you may wonder, "Can creditors garnish my Social Security benefits?" It depends on who you owe money to. In many circumstances, the ...

Bankruptcy FAQs

18-Oct-2016

Are you struggling to make ends meet? Do your regular bills exceed your monthly income? If you are having financial problems and it seems like there is no end in sight, you may want to consider filing Chapter 7 or Chapter 13 bankruptcy. We realize that deciding to file bankruptcy is not a decision ...

Effects On Future Credit

Creditor Harassment

Bankruptcy

Attorney Bruce Bridgman explains the importance of having a knowledgeable lawyer for your bankruptcy case.

Asset Exemptions

Wondering if your assets, such as your home or car, are exempt from Chapter 7 or Chapter 13 bankruptcy?

Chapter 7 and 13

Most individuals will file for either Chapter 7 or Chapter 13 bankruptcy. Which one is right for you?

Chapter 7

Chapter 7 bankruptcy can give you a second chance at a debt free future. Learn more about liquidation bankruptcy today.

Bankruptcy Attorneys Nationwide

The subjects of bankruptcy and debt relief are easily misunderstood. With myths and misconceptions running rampant and due to the fact that every individual's financial situation and goals will vary, determining the right approach to address overwhelming debt can be a difficult undertaking. That is why we recommend connecting with a bankruptcy attorney who can provide you with the insight and guidance you need. This directory was built to offer debtors, both individuals and businesses, with access to helpful information and qualified legal professionals who handle bankruptcy and various other debt-related matters.

Take advantage of this opportunity to quickly and easily compare bankruptcy lawyers in your area, or visit our Bankruptcy Information Center to learn more about this important subject. In working with the right attorney, you can rest assured that your legal rights will be protected and you will be given the accurate information that will help you make the right choices about your financial well-being.

Firm Spotlight

Torrance Bankruptcy Attorney: The Law Offices of James C. Shields

The Law Offices of James C. Shields is committed to providing clients with the timely and detailed attention they need to make informed decisions about important financial issues. This firm offers capable representation and legal guidance in a many areas of bankruptcy law, including Chapter 7 and Chapter 13 bankruptcy. They understand that debt can be an overwhelming force in a person's life, and finding the right solution is vital to reaching the chance for a fresh start. It can be difficult to determine the right course of action when the creditor calls are never-ending, but there are options available.

This legal team has helped countless clients understand what type of bankruptcy is right for their situation, such as Chapter 7 or Chapter 13 bankruptcy. They can explain the alternatives to bankruptcy, and ensure that their clients' rights are not violated by creditors. Filing for bankruptcy is a complex and emotional process, but this firm's vast experience and detailed understanding of the law allows them to carefully lead each client to the debt solution that best fits their unique situation.

If you are struggling with debt that you are unable to repay your creditors, a Torrance bankruptcy lawyer may be able to assist you. This firm provides clients with a comfortable environment in which they can examine the options available to achieve the debt relief they desire. Every case is unique, and each client is given the personal attention and caring counsel needed during such a stressful time. Greatly respected in the community for their skill and high level of ethics, you can trust that this firm will support and advocate for you at every step of your proceedings. To learn more about the professional services available to you,
contact a Torrance bankruptcy attorney from the Law Offices of James C. Shields.